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mr Goodwill [35]
3 years ago
6

g Interest is compounded twice per year. Her stated annual interest rate is _____ for this twice-a-year compounded investment.

Business
1 answer:
12345 [234]3 years ago
5 0

Answer: d. 10.5%

Explanation:

Formula for future value is;

Future value = Amount invested * ( 1 + r) ^ n

Making r the subject, the formula becomes;

= (Future value/ Amount invested)^ (1/n) - 1

= (500,000 / 120,000)^ (1/28) - 1

= 0.052289

= 5.23%

This is on twice-a-year basis so annual rate is;

= 5.23 * 2

= 10.46

= 10.5%

<em>Note; Period of 28 was used because investment was compounded twice a year so the 14 years should double. </em>

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Mintzberg would describe Jobs's role at Apple, NEXT, and Pixar as primarily a(n)_______.
andreev551 [17]

Answer:

The strongest role that Apple focuses on is the leadership role. Mintzberg described leading as motivation, direction, and communication from managers to their employees in an effective manner

Explanation:

Mintzberg published his Ten Management Roles in his book, "Mintzberg on Management: Inside our Strange World of Organizations," in 1990.

The ten roles are:

Figurehead.

Leader.

Liaison.

Monitor.

Disseminator.

Spokesperson.

Entrepreneur.

Disturbance Handler.

Resource Allocator.

Negotiator.

The 10 roles are then divided up into three categories, as follows:

Interpersonal

Informational

Decisional

3 0
3 years ago
The primary difference between accrued revenues and unearned revenues is that accrued revenues have:________. a) been recorded a
adoni [48]

Answer: D) not been recorded and unearned revenues have.

Explanation:

Accrued revenue is a term used to describe a sale that has been recognized by the seller, but which has not yet been billed to the customer. Accrued revenue is needed in order to match revenues with expenses. The absence of accrued revenue would tend to show excessively low initial revenue levels and low profits for a business, which does not properly indicate the true value of the organization.

Unearned revenue on the other hand is the money received from a customer for work that has not yet been performed (in advance payment). This is an advantage to the seller who now has the cash to perform the required services. Unearned revenue is a liability for the recipient of the payment.

3 0
4 years ago
The average cost of tuition and room and board at a small private liberal arts college is reported to be $8,500 per term, but a
mojhsa [17]

Answer & Explanation:

The null hypothesis (H0) is what the study is trying to reject, is what the study wants to disprove. In this case, the financial administrator believes that the average cost of tuition and room is greater than $8,500. Then, he wants to statistically disprove that the average cost per term is equal to $8,500.

H0: average cost = $8,500

H0:μ=$8,500

The alternative hypothesis (H1) is the opposite, is what the financial administrator wants to prove: the average cost per term is greater than $8,500.

H1: average cost > $8,500

H1:μ>$8,500

3 0
3 years ago
At what point does an informal agreement become a binding
pashok25 [27]

Answer: When consideration is provided by one of the parties to the contract

Explanation:

Consideration must be given to make a contract legally binding.

7 0
1 year ago
Brad and Angie are married and file a joint return. For year 14, they had income from wages in the amount of $100,000 and had th
Leona [35]

Answer:

The amount of capital loss carryover to year 15 is 152,000

Explanation:

The working is attached with the answer please find the attached file.

The following losses cannot be claimed or considered

  • Loss on sale of stock purchased in March year 14, sold on October 10, year 14, and repurchased on November 2, year 14
  • Loss on the sale of their personal automobile

3 0
3 years ago
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